The great newspaper liquidation
Jack Shafer,
Reuters,
Jun 06, 2012
Not that anybody wants to announce a fire sale, but... as SmartBrief writes, "Newspapers may be going through a period of slow liquidation, in which owners sell a product diminished by stages in value for a gradually increasing price until nothing is left but the paper's physical assets, writes Jack Shafer." What they are doing now, he writes, is monetizing their goodwill - cheapening their product and charging more - as the last stage before winding down their operations completely.
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